Common use of Adjustments to Principal Clause in Contracts

Adjustments to Principal. (a) The Principal of this Note may be adjusted pursuant to Section 2.07 or Section 8.07 of the Merger Agreement. (b) In the event that the Principal of this Note is adjusted pursuant to either Section 2.07 or Section 8.07 of the Merger Agreement, Buyer shall execute and issue a new note to Holder in the same form as this Note; however, such new Note shall reflect the updated principal amount of this Note as calculated in accordance with either Section 2.07 or Section 8.07, as applicable, and the new Note will include a provision indicating that upon issuance of such new Note, this Note is cancelled and superseded by the new Note; provided, however, that the maturity date under the new Note issued pursuant to this Section 3(b) shall remain unchanged from the maturity date of this Note.

Adjustments to Principal. (a) The Principal of this Note may be adjusted pursuant to Section 2.07 or Section 8.07 Sections 2.2(a) of the Merger Purchase Agreement. (b) In the event that the Principal of this Note is adjusted pursuant to either Section 2.07 or Section 8.07 2.2(a) of the Merger Purchase Agreement, Buyer the Company shall execute and issue a new note to Holder in the same form as this Note; , however, such new New Note shall reflect the updated principal amount of this Note as calculated in accordance with either Section 2.07 or Section 8.07, as applicable, and the new New Note will include a provision indicating that upon issuance of such new the New Note, this Note is cancelled and superseded by the new New Note; provided, however, that the maturity date under the new Note issued pursuant to this Section 3(b) shall remain unchanged from the maturity date of this Note.

Adjustments to Principal. (a) The Principal of this Note may be adjusted pursuant to Section 2.07 or Section 8.07 8 .07 of the Merger Agreement. (b) In the event that the Principal of this Note is adjusted pursuant to either Section 2.07 or Section 8.07 of the Merger Agreement, Buyer shall execute and issue a new note to Holder in the same form as this Note; however, such new Note shall reflect the updated principal amount of this Note as calculated in accordance with either Section 2.07 or Section 8.07, as applicable, and the new Note will include a provision indicating that upon issuance of such new Note, this Note is cancelled and superseded by the new Note; provided, however, that the maturity date under the new Note issued pursuant to this Section 3(b) shall remain unchanged from the maturity date of this Note.